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Last modified: 31 May 2022 13:21

Course Overview

The aim of this course is to study the substantive legal issues arising from disputes under international investment agreements, in particular in the process of investor-state arbitration. This course examines the interplay between a state's right to regulate and substantive protections offered to foreign investors to protect their investments. These substantive protections include fair and equitable treatment expropriation, most favourable nation and national treatment. It will be an interactive and dynamic course, as students will have the opportunity to work on a substantive protections lab so that they can understand the notions of each substantive protection in real treaty practice.

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
  • Dr Gloria Alvarez

What courses & programmes must have been taken before this course?

  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?


What courses cannot be taken with this course?


Are there a limited number of places available?


Course Description

Under international public law, international investment agreements are the instruments that offer the legal ground for foreign investments. On one hand, states have the possibility to set out the conditions in which they expect to host the investment. On the other, foreign investors seeking to invest in another country relay in the substantive protections offered in these international investment agreements. 

The aim of this module to study the substantive legal issues arising from dipsutes under these international investment agreements in particular in the the process of investor-state arbitration. This course will examine the interplay between a state's right to regulate and the susbtantive protections offered to foreing investors to protect their investments. These substantive protections include fair and equitable treatment, expropriation, most favoruable nation and national treatment. 

Details, including assessment, may be subject to change until 31 July 2022 for 1st half-session courses and 23 December 2022 for 2nd half-session courses.

Summative Assessments

2x Discussion Board contributions (30% each)

Online Presentation (40%)


Resit: Oral Exam 100%

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualRememberNot Available

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